Finance Nifty 21-25 October 2024:Key Levels and Weekly Trading Strategy

By | October 20, 2024 1:52 pm

Below are Astro Events coming in following week.  22 Oct Is very important date and we have seen potential gann price time squaring on Friday.

  • Sun Ingress in Scorpio –lead to some notable market sell-offs or some notable rallies
  • Mercury Sun Maximum Distance
  • Bayer Rule 31: The trend changes when Venus in declination reached an extreme beyond 23 degrees 26 minutes 51 seconds.
  • Bayer Rule 30: The trend changes when Venus in declination passes the extreme declination of the Sun.
  • Bayer Rule 9: Big changes on market are when Mercury passes over 19 degrees 36 minutes of Scorpio and Sagittarius,also over 24 degrees 14 minutes of Capricorn.
  • Venus Trine North Node

Astro analysis can help identify trends and reversals in the market, and it can be used in combination with other technical analysis methods to improve the accuracy of trading strategies. Gann analysis involves studying charts and identifying support and resistance levels to pinpoint potential trading opportunities.

Finance Nifty Harmonic Pattern

24161-24421 is the current PRZ Zone till holding 23666

Finance Nifty Gann Angles

Price has formed outside bar after time cycle date suggesting potential reversal.

Finance Nifty Supply and Demand

Self Explanatory Chart

Finance Nifty Time Analysis Pressure Dates

22 October is the Important Gann/Astro Date for coming week.

Finance  Nifty Weekly Chart

Price has formed an higher high and closed above previous week DOJI high, suggesting strength of weekly chart. 

Finance Nifty Monthly Charts

 

24374 is Monthly Resistance zone 23547 is Support zone.

Finance Nifty Weekly Chopad Levels

Finance Nifty Trend Deciding Level: 23963

Finance Nifty Resistance: 24040,24117,24194,24271

Finance Nifty Support: 23885,23808,23743,23666,23555

Levels mentioned are Finance Nifty Spot

As always I wish you maximum health and trading success

As always, it’s essential to closely monitor market movements and make informed decisions based on a well-thought-out trading plan and risk management strategy. Market conditions can change rapidly, and it’s crucial to be adaptable and cautious in your approach.

Trade smartly and safely.
Category: Finance NIfty Weekly Analysis

About Bramesh

Bramesh Bhandari has been actively trading the Indian Stock Markets since over 15+ Years. His primary strategies are his interpretations and applications of Gann And Astro Methodologies developed over the past decade.

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